Seugeot S. A. reports the following financial information for the year ended December 31, 2016 (euros in millions). (Hint: Each line item below is titled, and any necessary parentheses added, as it is reported in the statement of cash flows.) Net income (loss) € 1,947 Cash from issuances of shares € 302 Depreciation, amortization, and impairment 2,481 Cash paid for other financing activities (1,961 ) Losses on disposals and other 90 Cash from disposal of plant assets & intangibles 229 Net decrease in current operating assets & other 1,903 Cash paid for plant assets, intangibles & other (2,760 ) Cash paid for dividends (15 ) Cash and cash equivalents, December 31, 2015 11,297 Prepare its statement of cash flows under the indirect method.

Cash flow from Operating Activities

Net income (loss)                                                                   1,947

Adjustments for Non-cash items :

Losses on disposals and other                                                 90

Depreciation, amortization, and impairment                      2,481

Adjustments for Working Capital items :

Net decrease in current operating assets & other             1,903

Net Cash from Operating Activities                                     6,421

Cash flow from Investing Activities

Cash paid for plant assets, intangibles & other               (2,760 )

Cash from disposal of plant assets & intangibles                229

Net Cash from Investing Activities                                     (2,531)

Cash flow from Financing Activities

Dividends Paid                                                                        (15 )

Cash paid for other financing activities                             (1,961)

Cash from issuance of shares                                               302

Net Cash from Financing Activities                                    (1,674)

Movement in Cash and Cash equivalents                          2,216

Cash and Cash equivalents at Beginning of the year       11,297

Cash and Cash equivalents at End of the year                  13,513

Explanation:

The Cash flow Statement must be prepared under the following Headings :

1. Cash flow from Operating Activities

2. Cash flow from Investing Activities

3. Cash flow from Financing Activities

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